Government Spending in Kyrgyzstan decreased to 10281.10 KGS Million in the first quarter of 2020 from 50215.30 KGS Million in the fourth quarter of 2019. source: National Bank of the Kyrgyz Republic

Government Spending in Kyrgyzstan averaged 33953.74 KGS Million from 2008 until 2020, reaching an all time high of 90482.10 KGS Million in the fourth quarter of 2017 and a record low of 5798.80 KGS Million in the first quarter of 2008. This page provides the latest reported value for - Kyrgyzstan Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kyrgyzstan Government Spending - values, historical data and charts - was last updated on December of 2020.

Government Spending in Kyrgyzstan is expected to be 34660.27 KGS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Kyrgyzstan to stand at 52776.00 in 12 months time. In the long-term, the Kyrgyzstan Government Spending is projected to trend around 36531.93 KGS Million in 2021 and 57352.00 KGS Million in 2022, according to our econometric models.

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Kyrgyzstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
10281.10 50215.30 90482.10 5798.80 2008 - 2020 KGS Million Quarterly

Kyrgyzstan Government Last Previous Highest Lowest Unit
Government Debt to GDP 54.10 48.00 122.27 44.40 percent [+]
Government Budget -1.10 -3.20 0.40 -6.50 percent of GDP [+]
Government Revenues 102711366.90 89621795.70 167096333.80 4001007.70 KGS Thousand [+]
Government Debt 3772.00 3792.60 4080.60 1685.30 USD Million [+]
Fiscal Expenditure 118325433.20 103823709.50 1191616908.60 3633195.40 KGS Thousand [+]
Military Expenditure 118.00 122.00 122.00 23.40 USD Million [+]
Credit Rating 30.00 [+]
Government Spending 10281.10 50215.30 90482.10 5798.80 KGS Million [+]
Government Budget Value -16.42 -14.82 14.86 -20.93 KGS Billion [+]

Kyrgyzstan Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.